Vikram withdraws $1000 from his retirement account at the beginning of each month for 10 years and
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Vikram withdraws $1000 from his retirement account at the beginning of each month for 10 years and $1500 at the beginning of each month for the next 5 years. After 15 years, his retirement account is depleted. If the money in his retirement account earns 4% compounded annually, how much retirement savings did he have?
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Sagar Kumar
I am Mechanical Engineer with CGPA of 3.98 out of 4.00 from Pakistan. I went to Government Boys Degree College, Sehwan for high school studies.
I appeared in NUST Entrance Exam for admission in university and ranked #516. My mathematics are excellent and I have participated in many math competitions and also won many of them. Recently, I participated in International Youth Math Challenge and was awarded with Gold Honor. Now, I am also an ambassador at International Youth Math Challenge,
I have been teaching when I was in 9th class class year 2012. I have taught students from 6th class to university level.
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Related Book For 
Mathematics Of Business And Finance
ISBN: 9781927737545
4th Edition
Authors: Larry Daisley, Thambyrajah Kugathasan, Diane Huysmans
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